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Supports: 83.06; 82.72; 82.36
Outlook
The rally, which started on August 14th, managed to advance even further, and now AUD/JPY confronts the weekly R1 at 83.20, which might change the direction of the prevailing movement. If it fails to stop the rally, then next resistance at 83.65 (upper Bollinger band) is very likely to bring some bearish impulse. Moreover, RSI indicator remains neutral, although it has made a significant move towards the over-bought area. Current supports are at 83.06, 82.72 and 82.36, and so far there are no signs that they might be broken.
Traders' sentiment
Traders at SWFX market have mixed feelings about the potential strength of the Australian Dollar, since 42% of traders hold long bullish positions and 58% of traders hold bearish positions. In contrast, the situation with orders clearly spots bullish tendency expectations, as 82% of traders ordered to buy and 18% ordered to sell the aussie.